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2. Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGS's cash balance is S6,600 at December 31, but
2. Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGS's cash balance is S6,600 at December 31, but the bank reports a balance of $6,100 a. The bank deducted $330 for an NSF check from a customer deposited on December 22 b. NGS has written checks totaling $4,100 that have not yet cleared the bank. c. The bank added $40 cash to the account for interest earned in December. d. NGS made a $4,090 deposit on December 31, which will be recorded by the bank in January. e. The bank deducted $40 for service charges f. NGS wrote a check to a supplier on account for $200 but mistakenly recorded it as S20. NICOLE'S GETAWAY SPA Bank Reconciliation At December 31 Bank Statement Company's Books Ending Balance per Cash Account Addition:s Ending Balance per Bank Statement Additions Deductions Deductions Up-to-Date Cash Balance Up-to-Date Cash Balance
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